1. Lots of talk about Miami's innovation economy. Here's a little analysis we did several years back. Lots more of this at our old site for the Miami Urban Future

2. First and foremost, Miami is a near completely different animal than Austin. Austin is a talent/ creative class leader, and Miami is a laggard (though it has some strengths which I'll get to in a minute.
3. Austin's creative class share is 34.% 8th among large metros. San Jose is first by the way with 46.4%. Miami is 47th (out of 53 large metros) with 26%.
4. But like I said Miami does have strengths. With @iamstevenpedigo we can Location Quotients for specific innovative/creative/knowledge/ professional occupations.
5. Key strengths are in financial/HQ & healthcare space: legal occupations LQ 1.75; business & finance 1.06; healthcare 1.08. Much less strength in management .72, computer & mathematics .7; engineering & architecture .59; sciences .5
6. Our assessment is that Miami has key strengths as a HQ location, also with 200plus % growth over the past several decades, as well-established HQ center for Latin America. Also significant strengths in real estate. As well as Media, also as center for Spanish language media.
7. Miami's LQ for arts, entertainment & media occupations also reasonable at .92 But core strengths in broadcast news (1.54), producers and directors (1.18), radio & TV announcers (1.27), camera operators (1.74) and photographers (1.35)
8. Here is our related study on Miami's innovation/entrepreneurial economy. Also some strengths to build from here.
https://t.co/JhCUCND2aY
9. Data is a bit old now and can use updating but we have Miami ranking:
8th in VC investment
10th in VC investment per capita
9th in high-tech business
4th in knowledge economy businesses
BUT ...
23rd in higher ed R&D dollars, and
43rd in higher ed R&D dollars per capita
10. Region lacks anything like an MIT. Stanford, Carnegie Mellon, University of Texas at Austin, University of Michigan, University of Toronto.
Needs something like NYC's Cornell Tech initiative ...
11. A big strength of Miami is its positioning at the center of the So-Flo Mega-region that encompasses Tampa and Orlando. Brings real strength in technology with Disney, the Space Coast, Tampa Innovation District & Jeff Vinik's efforts around urban tech.https://t.co/hxIoInW94X
12. So in sum, Miami's natural strengths are in finance, real estate, media & entertainment, & global trade & logistics as well as travel & hospitality with port & airport. Tech ecosystem is now among top 10. But missing a key element in 1st tier engineering research university

More from Economy

It's always been detached, and it's always made the real economy worse.

[THREAD] 1/10


What is profit? It's excess labor.

You and your coworkers make a chair. Your boss sells that chair for more than he pays for the production of that chair and pockets the extra money.

So he pays you less than what he should and calls the unpaid labor he took "profit." 2/10

Well, the stock market adds a layer to that.

So now, when you work, it isn't just your boss that is siphoning off your excess labor but it is also all the shareholders.

There's a whole class of people who now rely on you to produce those chairs without fair compensation. 3/10

And in order to support these people, you and your coworkers need to up your productivity. More hours etc.

But Wall Street demands endless growth in order to keep the game going, so that's not enough.

So as your productivity increases, your relative wages suffer. 4/10

Not because the goods don't have value or because your labor is worth less. Often it's actually worth more because you've had to become incredibly productive in order to keep your job.

No, your wages suffer because there are so many people who need to profit from your work. 5/10

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शमशान में जब महर्षि दधीचि के मांसपिंड का दाह संस्कार हो रहा था तो उनकी पत्नी अपने पति का वियोग सहन नहीं कर पायी और पास में ही स्थित विशाल पीपल वृक्ष के कोटर में अपने तीन वर्ष के बालक को रख के स्वयं चिता पे बैठ कर सती हो गयी ।इस प्रकार ऋषी दधीचि और उनकी पत्नी की मुक्ति हो गयी।


परन्तु पीपल के कोटर में रखा बालक भूख प्यास से तड़पने लगा। जब कुछ नहीं मिला तो वो कोटर में पड़े पीपल के गोदों (फल) को खाकर बड़ा होने लगा। कालान्तर में पीपल के फलों और पत्तों को खाकर बालक का जीवन किसी प्रकार सुरक्षित रहा।

एक दिन देवर्षि नारद वहां से गुजर रहे थे ।नारद ने पीपल के कोटर में बालक को देख कर उसका परिचय मांगा -
नारद बोले - बालक तुम कौन हो?
बालक - यही तो मैं भी जानना चहता हूँ ।
नारद - तुम्हारे जनक कौन हैं?
बालक - यही तो मैं भी जानना चाहता हूँ ।

तब नारद ने आँखें बन्द कर ध्यान लगाया ।


तत्पश्चात आश्चर्यचकित हो कर बालक को बताया कि 'हे बालक! तुम महान दानी महर्षि दधीचि के पुत्र हो । तुम्हारे पिता की अस्थियों का वज्रास्त्र बनाकर ही देवताओं ने असुरों पर विजय पायी थी।तुम्हारे पिता की मृत्यु मात्र 31 वर्ष की वय में ही हो गयी थी'।

बालक - मेरे पिता की अकाल मृत्यु का क्या कारण था?
नारद - तुम्हारे पिता पर शनिदेव की महादशा थी।
बालक - मेरे उपर आयी विपत्ति का कारण क्या था?
नारद - शनिदेव की महादशा।
इतना बताकर देवर्षि नारद ने पीपल के पत्तों और गोदों को खाकर बड़े हुए उस बालक का नाम पिप्पलाद रखा और उसे दीक्षित किया।
I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.